Credit Products Specialized Industries Associate - Healthcare

About the role

The Credit Products Specialized Industries Associate supports Credit Products Specialized Industries Managers in identifying and mitigating risks in existing and proposed credit products. This role analyzes new commercial credit opportunities, underwrites new or renewed credit exposure, and manages a portfolio of loans and other credit relationships in conjunction with a manager.

Primary Responsibilities

• Prepares credit approval packages on new and renewed credit products including determination of the appropriate risk rating as well as risk factors that could change the risk rating, analysis of financial performance, performance vs. projections, covenant compliance, relationship profitability (RAROC), and any other significant risk drivers
• Analyzes guarantors as needed to support credit underwriting
• Affords Credit Products Specialized Industries Managers with the review of pre-closing loan documents and closing due diligence
• Manages financial reporting requirements, covenant requirements, past dues and documentation exceptions
• Ensures credit files are complete with all up to date information
• Provides tickler implementation and maintenance
• Maintains monitoring of portfolios and servicing activities in conjunction with Credit Products support
• Validates the appropriate risk rating for a company and proactively identifies risk rating changes
• Identifies opportunities for exposure reduction or new opportunities within assigned portfolio
• Participates in research, preparation and execution of customer and prospect calls
• Participates in identifying financial solutions that meet the client’s needs and the Bank’s risk acceptance criteria
• Ensures compliance with internal bank commercial loan policy, credit risk management policy, and external regulatory requirements; documents any exceptions to policy and related rationale/mitigants

Requirements

• Bachelor’s degree in Finance, Accounting or a related field
• Two (2) years of underwriting experience or financial services analysis and accounting experience
• Completion of a major corporate credit training program (or the equivalent corporate banking/corporate finance experience)

Skills and Competencies

• Ability to identify and voice issues; self-initiates discussions
• Ability to perform quality analysis and display competency in completion and oversight of client portfolio management activities
• Excellent verbal and written communication skills
• Strong analytical and problem solving skills
• Well organized, detail-oriented, and ability to manage and/or lead multiple projects under pressure
• Works collaboratively with multiple stakeholders

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

Other Information

Minimum Job Range Target: $98,410.62 USD
Median: $129,517.50 USD
Incentive Pay Plans: This role is eligible to participate in a discretionary incentive plan. Employees have the potential to receive a discretionary award based on performance against defined metrics and goals.
Benefits Information: Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.